MINH TIEN GROUP JOINT STOCK COMPANY - MTG

MINH TIEN GROUP JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN TẬP ĐOÀN MINH TIẾN) is a Vietnamese privately held joint stock company that has steadily grown its influence in the coffee industry and related food manufacturing sectors over the past 25 years. Officially established on May 16, 2000, and operating under Business ID 0101013887, the company maintains a legal status that reflects its long-term commitment to both domestic and international markets. With its head office located on the 10th floor of the Geleximco Building, Hoang Cau Street, Dong Da District, Hanoi, the company also maintains production and operational sites in Son La, Quang Tri, and even across the border in Paksong, Laos.

The company is led by Chairwoman cum General Director Ms. NGUYEN THI HONG MINH, who holds a majority stake of over 88% in MINH TIEN GROUP JOINT STOCK COMPANY. Alongside her are two other shareholders, Mr. NGUYEN HONG TIEN and Mr. NGUYEN THANH BINH, who collectively hold less than 12% of the capital. The leadership's hands-on control is evident in the company’s consistent operational style and expansion into high-quality coffee production and other food processing ventures.

Financially, the company has shown notable progress in core areas, while also facing modest challenges in profitability. As of December 31, 2023, total assets stood at USD 179.78 million, marking a healthy 15.46% growth from the prior year. Sales revenue for the same year reached USD 259.08 million, up 10.61% year-on-year, signaling continued demand for its core products, especially in coffee trading and processing. However, net profit slightly decreased to USD 233,183, reflecting a marginal dip of 0.43% compared to 2022. While the decline is modest, it signals the need for further cost control or revenue optimization as the company expands.

In terms of capital structure, MINH TIEN GROUP JOINT STOCK COMPANY maintains a charter capital and paid-up capital of USD 32.86 million. The company’s equity increased significantly in 2023, rising by 16.57% to USD 36.32 million, suggesting a solid financial foundation despite thin profit margins. With working capital of USD 34.77 million, the company is positioned to manage operations and short-term obligations efficiently. The Tax Code (TIN) for the company is 0101013887, and it is duly registered with the Hanoi City Department of Planning and Investment, further affirming its full legal and regulatory compliance.

While MINH TIEN GROUP JOINT STOCK COMPANY continues to operate as a tightly held and largely founder-driven business, it has also demonstrated adaptability in scale and geography. Its presence in Laos underscores a vision beyond national borders, and its production of soluble coffee and expansion into other food product categories show a desire to innovate. The company’s future performance will likely hinge on improving profit efficiency, continuing sustainable sourcing, and leveraging its strong ownership leadership to pursue long-term growth in an increasingly competitive agricultural export market.